In IFRS, the recognition of a "provision" is most closely related to which of the following in U.S. GAAP?

A.An event where the likelihood of a lossis"reasonably possible" (as defined in US GAAP)and can be reliably estimated.

B.An event where the likelihood of a lossis "probable"(as defined in US GAAP)and can be reliably estimated.

C.The accounting treatment that results whenlong-term debtis not refinanced before the financial statements are issued.

D.None of these responses is correct.